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Question 25 (2.5 points) The issuance of bonds is classified in the Statement of Cash Flows as a(n) Operating activity Investing activity Financing activity 1

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Question 25 (2.5 points) The issuance of bonds is classified in the Statement of Cash Flows as a(n) Operating activity Investing activity Financing activity 1 Non-cash activity Question 27 (2.5 points) Federal unemployment taxes are: Levied against only the employee Levied against both employee and employer Levied against only the employer None of the above Question 30 (2.5 points) The city of South Park issued bonds with a face value of $100,000 at 97.5. The journal entry to record this issuance will include A debit to Discount on Bonds Payable of $2,500 A debit to Cash of $100,000 A credit to Bonds Payable of $97,500 All of the above

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